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The Hong Kong Exchanges and Clearing Limited has proposed a 31.6bn pound ($39bn) takeover of the London Stock Exchange, it said on Wednesday, just weeks after the London bourse announced a plan to merge with data company Refinitiv.

Restrictions on access to dollars took effect in Argentina on 2 Sept. as the government tries to control a rapid loss of foreign reserves and an accelerating devaluation of the currency. The measure says residents can’t buy more than $10,000 a month without permission from the Central Bank. Institutions need permission for lesser sums. It also says that dollars earned for exports should be brought into the company within five days of the time they are paid. Importers also need permission to make payments. It also bars people from buying dollars to pay domestic debts.

Italy’s unemployment rate reached almost 9.9% in July after an upward revision to the previous month’s data, as some 18,000 jobs were lost, national statistics bureau ISTAT reported on Friday. That compares with the Eurozone average of 7.5% and is much higher than 3.4% in the Netherlands and 5% in Germany.

Malaysian prosecutors claimed today that former Prime Minister Najib Razak abused his power to cover up the theft of hundreds of millions of dollars from the state fund 1MDB and used the fund for self-gratification.

Banks in the euro zone are now allowed to get more time to set aside cash and cover loans that have gone or will go unpaid after the European Central Bank (ECB) bowed to pressure from Brussels to ease its rules on the matter.

Facebook's less than two-months-old Libra cryptocurrency project is being probed again, this time by European Union antitrust regulators. According to documents, seen by Bloomberg, the European Commission have begun conducting a preliminary investigation on "the potential anti-competitive behavior," related to the Libra Association.

The eurozone’s GDP barely grew in the second quarter of 2019, data showed on Wednesday, as economies across the bloc lost steam and the largest, Germany, contracted thanks to a global slowdown driven by world trade conflicts and uncertainty over Brexit.

Argentina is teetering on the brink of a financial crisis after its current leader, President Mauricio Macri, was defeated by a left-wing opponent in the country's primary elections over the weekend by a greater than expected margin. Macri took home only 32% of the vote, while Fernandez won 47%. The 15-point lead was much larger than the 6-point one expected by investors.

The British economy has shrunk for the first time since late 2012, after official data Friday showed second-quarter gross domestic product (GDP) contracted by 0.2%, dragged down by a slump in manufacturing just as Prime Minister Boris Johnson prepares to leave the European Union with or without a divorce deal.

Malaysia filed criminal charges on Friday against 17 current and former directors at subsidiaries of Goldman Sachs Group Inc following an investigation into a multi-billion-dollar corruption scandal that led to the demise of state fund 1Malaysia Development Bhd (1MDB).

The Hong Kong Exchanges and Clearing Limited has proposed a 31.6bn pound ($39bn) takeover of the London Stock Exchange, it said on Wednesday, just weeks after the London bourse announced a plan to merge with data company Refinitiv.

Restrictions on access to dollars took effect in Argentina on 2 Sept. as the government tries to control a rapid loss of foreign reserves and an accelerating devaluation of the currency. The measure says residents can’t buy more than $10,000 a month without permission from the Central Bank. Institutions need permission for lesser sums. It also says that dollars earned for exports should be brought into the company within five days of the time they are paid. Importers also need permission to make payments. It also bars people from buying dollars to pay domestic debts.

Italy’s unemployment rate reached almost 9.9% in July after an upward revision to the previous month’s data, as some 18,000 jobs were lost, national statistics bureau ISTAT reported on Friday. That compares with the Eurozone average of 7.5% and is much higher than 3.4% in the Netherlands and 5% in Germany.

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